What will happen to GPU mining? Is GPU mining over? In this video I sit down with you to talk about the future of GPU mining in 2023. I do this by first getting into how the Ethereum merge (ETH 2.0), the bear market and the global energy crisis all worked together to significantly reduce our mining profits in 2022-2023. Basically, explaining the chain of events that happened that reduced the profitability so significantly. I then proceed to talk about the 6 different things that can happen that would bring back GPU mining profitability in 2023. These include power costs coming down, mining efficiency breakthroughs either with new GPUs or new mining software updates, network hashrate reductions, a change in coin distribution to miners, new coins being introduced and of course if we were to see another bull market where coin prices were to go back up again.
𝐂𝐨𝐢𝐧𝐋𝐞𝐝𝐠𝐞𝐫 𝐭𝐚𝐤𝐞𝐬 𝐜𝐚𝐫𝐞 𝐨𝐟 𝐲𝐨𝐮𝐫 𝐜𝐫𝐲𝐩𝐭𝐨 𝐭𝐚𝐱:
https://coinledger.io/?fpr=seb
Use this link and the promo code SEB for 10% discount!
Also check out info about their giveaway here:
https://coinledger.io/giveaway
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👕 𝐆𝐄𝐓 𝐎𝐅𝐅𝐈𝐂𝐈𝐀𝐋 𝐆𝐏𝐔𝐇𝐄𝐀𝐃𝐙 𝐌𝐄𝐑𝐂𝐇 (𝐓-𝐒𝐇𝐈𝐑𝐓𝐒, 𝐒𝐓𝐈𝐂𝐊𝐄𝐑𝐒 𝐄𝐓𝐂)
https://www.gpuheadz.com/
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🤑 𝐆𝐞𝐭 𝐭𝐡𝐞 𝐁𝐄𝐒𝐓 𝐕𝐀𝐋𝐔𝐄 𝐟𝐨𝐫 𝐦𝐨𝐧𝐞𝐲 𝐄𝐓𝐇/𝐄𝐓𝐂 𝐦𝐢𝐧𝐞𝐫𝐬 (𝐢𝐏𝐨𝐥𝐥𝐨)
https://ipollo.com/?ref=seb
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💰 𝐆𝐞𝐭 𝐀𝐒𝐈𝐂 𝐦𝐢𝐧𝐞𝐫𝐬 𝐟𝐨𝐫 𝐁𝐓𝐂/𝐋𝐓𝐂/𝐊𝐃𝐀 & 𝐦𝐨𝐫𝐞 𝐡𝐞𝐫𝐞:
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✨ 𝐁𝐄𝐒𝐓 𝐃𝐄𝐀𝐋 𝐨𝐧 𝐭𝐡𝐞 𝐦𝐨𝐬𝐭 𝐞𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐭 𝐄𝐓𝐇/𝐄𝐓𝐂 𝐦𝐢𝐧𝐞𝐫𝐬 (𝐉𝐚𝐬𝐦𝐢𝐧𝐞𝐫)
https://www.jinglemining.com/discount/SEB?ref=seb
Use promo code SEB to get 1% off, it's worth it!
💎 𝐇𝐢𝐠𝐡 𝐪𝐮𝐚𝐥𝐢𝐭𝐲 𝐦𝐢𝐧𝐢𝐧𝐠 𝐫𝐢𝐠 𝐩𝐚𝐫𝐭𝐬 (𝐫𝐢𝐬𝐞𝐫𝐬, 𝐬𝐩𝐥𝐢𝐭𝐭𝐞𝐫𝐬, 𝐭𝐡𝐞𝐫𝐦𝐚𝐥 𝐩𝐚𝐝𝐬 𝐞𝐭𝐜)
https://bit.ly/sebgpurisers
Use promo code SEB for 10% off!
💨 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 𝐈 𝐫𝐞𝐜𝐨𝐦𝐦𝐞𝐧𝐝 𝐟𝐨𝐫 𝐚𝐢𝐫𝐟𝐥𝐨𝐰, 𝐠𝐫𝐨𝐰 𝐭𝐞𝐧𝐭𝐬, 𝐢𝐧𝐭𝐚𝐤𝐞, 𝐞𝐱𝐡𝐚𝐮𝐬𝐭 𝐟𝐚𝐧𝐬 𝐞𝐭𝐜
https://www.acinfinity.com/?ref=seb
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🖥️ 𝐓𝐫𝐲 𝐇𝐢𝐯𝐞𝐎𝐒, 𝐦𝐲 𝐟𝐚𝐯𝐨𝐮𝐫𝐢𝐭𝐞 𝐦𝐢𝐧𝐢𝐧𝐠 𝐎𝐒, 𝐟𝐨𝐫 𝐟𝐫𝐞𝐞
https://bit.ly/sebhiveos
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🔌 𝐁𝐞𝐬𝐭 𝐩𝐥𝐚𝐜𝐞 𝐭𝐨 𝐠𝐞𝐭 𝐏𝐃𝐔𝐬 (𝟐𝟒𝟎𝐕 𝐩𝐨𝐰𝐞𝐫 𝐬𝐭𝐫𝐢𝐩𝐬 𝐭𝐨 𝐩𝐥𝐮𝐠 𝐲𝐨𝐮𝐫 𝐫𝐢𝐠𝐬 𝐢𝐧𝐭𝐨)
https://nerdgearz.com/
Use promo code SEB for 2% off!
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Please like the video if you liked it and subscribe to the channel for more crypto mining videos!
𝐉𝐎𝐈𝐍 𝐓𝐇𝐄 𝐂𝐇𝐀𝐍𝐍𝐄𝐋 𝐅𝐎𝐑 𝐀𝐂𝐂𝐄𝐒𝐒 𝐓𝐎 𝐁𝐎𝐍𝐔𝐒 𝐏𝐄𝐑𝐊𝐒
https://www.youtube.com/channel/UCQzug7Uk2Z9LcvCpYqeJO9g/join
📦 𝐀𝐌𝐀𝐙𝐎𝐍 𝐋𝐈𝐍𝐊𝐒
Nvidia GPUs: https://amzn.to/2ROzvCL
AMD GPUs: https://amzn.to/3wiSpRb
Store your crypto securely: https://amzn.to/3qiUoEi
Toolkit for building rigs/fixing GPUs: https://amzn.to/3qhqVLc
Motherboard I use: https://amzn.to/3wmavSf
Different motherboard I like: https://amzn.to/3pKQTVr
CPUs: https://amzn.to/3vhG7am
RAM: https://amzn.to/3gxxHGF
850W power supply: https://amzn.to/3K3kZgu
1200W power supply: https://amzn.to/3tqd4Ep
Plug 4 risers into one PCIe slot with this: https://amzn.to/3gfrEqZ
Mini touchscreen: https://amzn.to/3pMGRmI
Camera I use: https://amzn.to/3zoQwUK
Vlogging lens I use: https://amzn.to/2Tmmyk2
Photo lens I use: https://amzn.to/3vo2H1e
Zoom lens I want: https://amzn.to/3ggU7Nt
(As an Amazon Associate I earn from qualifying purchases)
📚 𝐋𝐄𝐀𝐑𝐍 𝐀𝐁𝐎𝐔𝐓 𝐂𝐑𝐘𝐏𝐓𝐎
Listen to "The Bitcoin Standard" & "The Age of Cryptocurrency" with a free Audible Premium Plus trail:
https://amzn.to/3thN3qv
(As an Amazon Associate I earn from qualifying purchases)
⛏️ 𝐅𝐑𝐄𝐄 𝐌𝐈𝐍𝐈𝐍𝐆 𝐅𝐑𝐀𝐌𝐄 𝐏𝐃𝐅 𝐁𝐔𝐈𝐋𝐃 𝐆𝐔𝐈𝐃𝐄 𝐈 𝐌𝐀𝐃𝐄
https://bit.ly/miningframe
🎧 𝐋𝐈𝐒𝐓𝐄𝐍 𝐓𝐎 𝐌𝐘 𝐌𝐔𝐒𝐈𝐂 𝐎𝐍 𝐒𝐏𝐎𝐓𝐈𝐅𝐘
https://open.spotify.com/playlist/6wnpNbhy99yP9IYYCAQhqG
💬 𝐍𝐄𝐄𝐃 𝐌𝐈𝐍𝐈𝐍𝐆 𝐇𝐄𝐋𝐏? 𝐉𝐎𝐈𝐍 𝐌𝐈𝐒𝐅𝐈𝐓 𝐌𝐈𝐍𝐈𝐍𝐆 𝐃𝐈𝐒𝐂𝐎𝐑𝐃
https://discord.gg/8PTDKjSMdU
#gpumining #cryptomining #altcoins #altcoinmining #bitcoinmining #bitcoin #cryptocurrency #hashrate #specmining #speculativemining
📼 𝐕𝐈𝐃𝐄𝐎 𝐂𝐎𝐍𝐓𝐄𝐍𝐓
00:00 What will happen to GPU mining profitability in 2023?
02:28 CoinLedger ad
03:26 How power prices could save GPU mining
04:19 How mining efficiency affects GPU mining profits
05:49 Network hashrate could change soon
07:28 How coin distribution to miners can change
08:11 Will new coins save GPU mining profitability?
09:01 How much would coin prices have to change?
09:49 These things could negatively affect GPU mining...
None of the content in my videos or elsewhere is direct advice, financial or otherwise. Everything said is from my point of view and for entertainment purposes. You do things at your own risk. You are responsible for your own actions. Do your own research.
Did you miss our previous article...
https://cryptovideos.club/data-mining/the-real-reason-central-banks-are-desperate-to-hoard-gold-eb-tucker